Wednesday, March 18, 2020

How To Buy Bitcoins From Coinbase

Coinbase Bitcoins is highly volatile, and often easy to buy, sell and hold bitcoin on trade marketplace.

On this platform you are allowed to purchase as many bitcoins as you like. If you feel the price sounds too steep, you don’t need to buy an entire bitcoin , and also you can just participate in the market and also you can purchase just a small fraction of one bitcoin.

If you want more understanding about how to buy bitcoins from Coinbase, then check out the guide below.

How To Buy Bitcoins From Coinbase

1. Sign-up For Coinbase Account

How To Buy Bitcoins From Coinbase

Go to https://www.coinbase.com/

On the top right-hand corner of the page Click “Sign up” and Fill in your details

Check the “I agree to the User Agreement and Privacy Policy”.

Then click “Create Account”.

How To Buy Bitcoins From Coinbase

2. Verify the activation key via email address

How To Buy Bitcoins From Coinbase

Once you click on the create account button you will get an verification email with an activation key.

How To Buy Bitcoins From Coinbase

To get started into your account just click on the link in the email

After this Coinbase subjected you to enter your mobile number.

Once you enter your mobile number you will receive the OTP (One Time Password) you will have to click on ‘Send Code’.

How To Buy Bitcoins From Coinbase

3. Get verified on Coinbase

How To Buy Bitcoins From Coinbase

Enter the mobile verification code, it will verify.

After this you will now get logged into the dashboard of your Coinbase account.

How To Buy Bitcoins From Coinbase

After this step you can sign up, connect your bank account.

In the meanwhile step it is needed to cross some verification steps before you can use the account.

How To Buy Bitcoins From Coinbase

Once after all these verification steps are completed, you will be allowed to start the purchase.

How To Buy Bitcoins From Coinbase

4. Setup Two Factor Authentication

Click on your dashboard the Settings button https://www.coinbase.com/settings/ and select Security.

How To Buy Bitcoins From Coinbase

How To Buy Bitcoins From Coinbase

Click on the Two-factor-authentication tab.

How To Buy Bitcoins From Coinbase

Here you will get an option to scan a barcode which you can use the Google authenticator or any other authenticator for it.

In this you also have an option to manually enter the key in the Google Authenticator app or scan the QR code.

How To Buy Bitcoins From Coinbase

Either way, you can enter and keep safe of the OTP . This will help you in the event that you need to reset it.

A one time password will be generated, Once you finish up this scanning or manual input .

How To Buy Bitcoins From Coinbase

Next step write/copy in the One-time password empty field.

Repeat this again and again whenever you log in to your account or perform any other operations. This kind of opening the Google Authenticator app and inserting the one time password given there will protect your account more securely from the hackers.

5. Funding your Coinbase account

Next step is to fund your Coinbase account from your bank account.

Click the Accounts tab and select your preferred cryptocurrency

Using a credit/debit card on Coinbase means higher fees but offers instant purchasing.

Using a bank transfer is cheaper but slower hardly it takes a week to buy for coins

How To Buy Bitcoins From Coinbase

If you are sending funds, please make sure that you are sending funds to the correct address, either BTC or ETH

📷

How To Buy Bitcoins From Coinbase

Once your payment details are verified, click ‘buy/sell’ on the top menu.

6. Start trading Bitcoin from Coinbase

In this select for any coin that you wish to ‘Buy/Sell’ for purchase.

📷

How To Buy Bitcoins From Coinbase

At the bottom of the page you find the option to choose how much to spend in your local currency / how many coins you want to buy.

📷

How To Buy Bitcoins From Coinbase

Once you’re happy with the amount, click the big ‘Buy’ button.

Congratulations! You bought your first Bitcoin crypto on COINBASE

No comments:

Post a Comment